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Retail Banking Council Africa

The future of African banking lies increasingly with the consumer and small and medium-sized enterprises (SMEs). As a result, retail banking will be the main source of bank profits across the continent within the next five to ten years — as it is in Europe, Australia, parts of Asia and North America already. Lafferty Group has championed the importance and potential of the retail banking and cards and payments sectors since the company was launched back in 1981.

Today retail banking and cards and payments are central to every bank — and a multitude of other competitors — and are typically very profitable. The Retail Banking Council Africa (RBCA) was launched in 2015 to focus on the particular needs, challenges and opportunities of Africa's retail banking and cards and payments sectors.

The Council allows members to share best practices and experiences with each other and debate future directions for the industry. Meetings are interactive and totally confidential.

  • RBCA is guided by an advisory board chaired by Patrick Akinwuntan, Group Executive — Domestic Bank at Ecobank.
  • RBCA adopted a guideline at its inaugural meeting in Cape Town in November 2015 on the "Definition of a Retail Bank".

Download the Retail Banking Council Africa brochure.

Find out more

Contact:
Caroline Hastings
Director of Councils and Client Relations
E: caroline.hastings@lafferty.com
T: +353 98 39107 or +353 87 173 6297

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